Form 4: Ice Mountain LLC Sells 194,081 Shares of Zurn Elkay Water Solutions Corp

Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 194,081 shares of common stock at an average price of $31.55 on June 12, 2024.

Summary

• On June 12, 2024, Ice Mountain LLC sold 194,081 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
• The shares were sold at a weighted average price of $31.55, with individual transactions ranging from $31.25 to $31.74.
• Following the transaction, Ice Mountain LLC directly holds 23,874,851 shares of ZWS common stock.
• Cascade Bay LLC is the manager and sole Class A Member of Ice Mountain LLC.
• The Katz 2004 DYN Trust is the Special Assets Manager of Cascade Bay LLC and may be deemed to beneficially own the shares held by Ice Mountain LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing indicates a change in ownership by a major shareholder, which is a common occurrence. The sale could be for various reasons, including portfolio rebalancing or strategic decisions by the shareholder.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small percentage of shares sold compared to the total outstanding shares.

Key Dates